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Showing 21 - 30 of 47 results for "Cromwell"

Global investment giant to acquire Investa fund

ALEX BURKE  |  MONDAY, 28 MAY 2018
... is in the best interests of IOF unitholders and in the absence of a superior proposal," Investa said. Late last year, Cromwell Property Group sold its entire stake in IOF to Investa for 59.3 million shares at $4.65 per security. The $276 million purchase ...

Centuria Life announces promotion

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... background in funds management and financial services. He was previously an executive director and head of funds management at Cromwell Property Group, national sales manager at HSBC Management, and a director of New Zealand-based Oyster Property Group. ...

REIT sells Cromwell stake for $406 million

KANIKA SOOD  |  THURSDAY, 8 MAR 2018
A subsidiary of Singapore-based ARA Asset management is acquiring a 19.5% stake in Cromwell Property Group. South African-based REIT Redefine Properties sold its stake to the ARA AM subsidiary in a move described by the former as a "process to refine ...

Cromwell appoints chief capital officer

ALEX BURKE  |  WEDNESDAY, 20 DEC 2017
Cromwell Property Group has appointed a new chief capital officer. Simon Garing joins Cromwell from Bank of America Merrill Lynch Hong Kong, where he was deputy director of research - Asia-Pacific. Prior to that, he was head of real estate research ...

Cromwell divests IOF, reopens fund

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2017
ASX-listed Cromwell Property Group will sell its entire stake in an office fund and reopen another fund to investors for $30 million in additional funding. Cromwell will sell down its 9.89% stake in the Investa Office Fund (IOF) to Investa Property ...

Cromwell withdraws REIT prospectus

ALEX BURKE  |  MONDAY, 25 SEP 2017
Despite what Cromwell Property Group described as significant interest from institutional and retail investors, the firm has elected not to register the prospectus for its European real estate investment trust. Cromwell said that it will consult with ...

Cromwell introduces Euro property fund

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2016
Cromwell Property Group is launching the Cromwell European Cities Income Fund. The fund, which received €205 million in seed capital from Denmark's largest privately owned life insurance company PFA Pension, is a long-term, open-ended core fund with ...

Major tenant extends lease at Cromwell property

MARK SMITH  |  THURSDAY, 28 JUL 2016
Global real estate investment manager, Cromwell Property Group, has confirmed that the Bureau of Meteorology has extended its lease at 700 Collins Street, Melbourne for a further 10 years. The Bureau of Meteorology occupies approximately 15,500 square ...

Cromwell Riverpark Trust extended for five years

KERRIE SYDEE  |  MONDAY, 11 JUL 2016
Investors have voted in favour of extending the Cromwell Riverpark Trust for a further five years. The single asset trust raised $91 million from retail investors and was launched in 2009 by the trust's responsible entity, a subsidiary of the Cromwell ...

Affluence launches new fee model to help investors and charity

WHITNEY FITZSIMMONS  |  THURSDAY, 7 APR 2016
... any performance fees it receives to charity. Daryl Wilson who founded Affluence in 2015 after a successful career with Cromwell Property Group said they had designed the 'performance only' fee structure to share risk with the investor. "We're confident ...